The Oscar statue costs how much?

by The Insider
1:27 mins

The symbol of the Academy Awards, of course, is the Oscar statue. And the acclaimed actors who have won the coveted prize over the years would probably say the trophy is priceless, but how much is the iconic trophy really worth? The value of the 24-karat gold-plated statue is tied with the price of gold, which is currently about $1,600 per ounce. According to The Hollywood Reporter, that means that each of this year’s 50 statuettes from manufacturer R.S. Owens is worth about $900.